To Let Retail Unit - Realla
7 Exchange Crescent, Conference Square, Edinburgh EH3 8AN Tel: 0131 225 6612 Fax: 0131 225 5766
To Let Retail Unit
50 Channel Street Galashiels TD1 1BA
NIA: 3,261 sq ft (303 sq m) 100% prime retailing location Highly prominent retail unit
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with letting agents. John Conroy Tel: 0131 225 6612 [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
Inverness 01463 717202
LOCATION Galashiels is the dominant retail centre within the Scottish Borders, located approximately 30 miles south of Edinburgh and 35 miles west of Berwick Upon Tweed, with a resident population in the region of 14,000 people. Channel Street forms the primary retail destination within Galashiels and the subject property is situated in a 100% prime position on the southern side of the street close to Douglas Bridge. Nearby retailers include Dorothy Perkins, Evans, Burton, WH Smith, H Samuel and Bon Marche. DESCRIPTION The subjects comprise an extensive and highly prominent double windowed shop unit. The subjects are arranged to provide a sales area and staff accommodation at ground floor with storage at first floor. The property benefits from rear servicing from Overhaugh Street. ACCOMMODATION The subjects have the following approximate areas:-
Gross Frontage
34 ft 1”
10.37 m
Ground Floor
2,794 sq ft
260 sq m
First Floor
467 sq ft
43 sq m
Total
3,261 sq ft
303 sq m
RATING We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2016/17) Rates Payable
£47,500 £0.51 £24,225 (exclusive of water / sewerage)
ENERGY PERFORMANCE CERTIFICATE EPC Rating = G LEGAL COSTS Each party will be responsible for their own legal costs incurred with an ingoing tenant/purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the joint letting agents:-
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease for a minimum of 10 years, incorporating 5 yearly upward only rent reviews.
John Conroy Tel 0131 225 6612 [email protected]
RENTAL Rental offers in the region of £30,000 per annum exclusive are sought.
Date of Revision: May 2016
Hugh Leggatt Tel: 0131 226 6611 [email protected]
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
To Let Retail Unit
50 Channel Street Galashiels TD1 1BA
NIA: 3,261 sq ft (303 sq m) 100% prime retailing location Highly prominent retail unit
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Viewing strictly by appointment with letting agents. John Conroy Tel: 0131 225 6612 [email protected]
Leeds 0113 243 6777
Dundee 01382 227900
Inverness 01463 717202
LOCATION Galashiels is the dominant retail centre within the Scottish Borders, located approximately 30 miles south of Edinburgh and 35 miles west of Berwick Upon Tweed, with a resident population in the region of 14,000 people. Channel Street forms the primary retail destination within Galashiels and the subject property is situated in a 100% prime position on the southern side of the street close to Douglas Bridge. Nearby retailers include Dorothy Perkins, Evans, Burton, WH Smith, H Samuel and Bon Marche. DESCRIPTION The subjects comprise an extensive and highly prominent double windowed shop unit. The subjects are arranged to provide a sales area and staff accommodation at ground floor with storage at first floor. The property benefits from rear servicing from Overhaugh Street. ACCOMMODATION The subjects have the following approximate areas:-
Gross Frontage
34 ft 1”
10.37 m
Ground Floor
2,794 sq ft
260 sq m
First Floor
467 sq ft
43 sq m
Total
3,261 sq ft
303 sq m
RATING We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2016/17) Rates Payable
£47,500 £0.51 £24,225 (exclusive of water / sewerage)
ENERGY PERFORMANCE CERTIFICATE EPC Rating = G LEGAL COSTS Each party will be responsible for their own legal costs incurred with an ingoing tenant/purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the joint letting agents:-
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease for a minimum of 10 years, incorporating 5 yearly upward only rent reviews.
John Conroy Tel 0131 225 6612 [email protected]
RENTAL Rental offers in the region of £30,000 per annum exclusive are sought.
Date of Revision: May 2016
Hugh Leggatt Tel: 0131 226 6611 [email protected]
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
